BEST FOREX TRADING PLATFORM FOR BEGINNERS - What is the meaning and what are the criteria for the best forex broker? Forex is a financial instrument with the largest trading value in the world, surpassing stocks and other instruments.
Forex market investment is also large in various countries, especially with the proliferation of online investment developments. It's just that before investing in forex, of course, you have to know how to choose the best broker.
Forex brokers are parties who can serve retail transactions that will arrange for each individual trader to be able to make forex trades by forwarding requests from these traders to larger brokers until each trader's requests can be accommodated in the forex market. These forex brokers can be companies, institutions, agents, or individuals.
Competition in the forex market is very tight with the presence of many forex brokers along with the choice of features and products provided. You must know how to choose the right and best broker so that you can trade legally.
In the end, the profits obtained will of course also be maximized and more guaranteed. This time, Gmboel has summarized the best forex trading platforms, including a list of official brokers to tips on choosing the best forex broker especially for you.
Best Forex Trading Platform For Beginners
First, there is Gainscope which has been established in 2002 and is based in Singapore. This forex broker supports MetaTrader4, Android MT4, and Mobile trading platforms, and has multiple languages.
It's just that Gainscope is not recommended for beginners who want to learn trading because to make an initial deposit requires a minimum of $250. The amount is quite decent and you should just open a demo account.
2. OctaFX Trading
OctaFX has been around since 2011 and is based in Saint Vincent and the Grenadines. One of the best forex brokers in the world already supports multiple languages so you can trade without language barriers.
OctaFX supports various platforms ranging from MetaTrader4, android mt4, and mobile. You can also open a demo account to learn to trade. But if you feel proficient and want to open a real account, you must prepare a minimum deposit of $5.
3. Financial Broker Success (FBS TRADER)
Financial Broker Success (FBS) is also a trusted and best forex broker today. Many traders from all over the world have used it, including Indonesia. This broker already uses many languages so that local traders will not be constrained by language.
4. XM BROKERS
The next best forex broker in the world is XM which has its head office in Cyprus. This XM broker is a subsidiary under the auspices of Trading Point Holding Ltd. The company is a financial investment service provider based in Cyprus.
XM Broker was officially established in 2009 and is also trusted by many traders from all over the world. This broker has a Metatrader trading platform and also provides many languages. Not only that, but this best trading application also supports mobile and tablet platforms.
HotForex is a broker based in the Caribbean and is one of the largest brokers in the world in terms of daily volume. This broker provides various platforms ranging from web, mobile, and also Mac with the MT4 program. HotForex is known for its security system of client funds which has won them several awards.
Tickmill is one of the most trusted trading sites that was founded in 2014 so it is relatively new. This international broker is widely trusted by traders to trade. Tickmill has 2 trading platforms namely Metatrader and Webtrader.
The minimum deposit here is around $25 so beginners should learn before opening a real account. But if you want to open a demo account here, it doesn't matter because it can be used for learning.
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That's the best forex trading platform in our opinion, hopefully, it's useful and doesn't make the wrong decision, greetings.